PenCom Kicks Off 2025 Retirees’ Enrollment Preparations
The Federal Government of Nigeria, through the National Pension Commission (PenCom), has begun preparations for enrolling prospective retirees for the year 2025. This initiative underscores the importance of early planning and aims to avoid any last-minute disruptions that could hinder the retirement process. PenCom has urged all ministries, departments, and agencies (MDAs) to ensure compliance and prevent delays that may negatively affect retirees’ transition.
During a workshop in Abuja, the acting Director-General of PenCom, Omolola Oloworaran, outlined the commission’s strategy, which includes the use of an Online Enrolment Application. This application is designed to facilitate the registration, verification, and enrollment of prospective retirees from Federal Government Treasury-funded MDAs. Oloworaran emphasized that accurate data collection during this exercise is vital for calculating the Accrued Pension Rights of retirees, which will enable the government to allocate necessary budgetary provisions.
The workshop, targeted at Pension Desk Officers (PDOs) of these MDAs, marks the start of the final preparations for the 2024 enrolment exercise. PenCom has automated the process since 2021, ensuring a seamless transition for retirees. The acting DG highlighted the critical role PDOs play in ensuring accurate data input and verification, and the workshop was organized to equip them with the skills to handle any challenges during the enrollment process.
Oloworaran further noted that the commission is working on a new, more efficient version of the enrolment application, addressing challenges like downtimes that have previously affected the system, particularly during last-minute submissions. She also reassured attendees that the government is making significant strides in clearing outstanding pension liabilities and implementing long-term solutions to prevent future delays in pension funding.
The acting DG concluded by reaffirming PenCom’s commitment to providing timely and seamless access to retirement benefits for Nigeria’s retirees.
